$BTC is back at a familiar point in the cycle.


The monthly candle closed below the 50 MA, and the MACD is now at its weakest level since the last bear market. In the past, this is where fear was highest, but it also marked good accumulation areas.
At the same time, the macro picture is getting better:
• ISM PMI is at a 4-year high
• Oil is below $68.50, helping ease inflation
• Job openings are at a 2-year high
If the 4-year cycle plays out again, the next 2–3 months could be the last good accumulation phase before the next big move.
The key level to watch is $62.6K (200W MA). A move above it would be bullish. Until then, expect more volatility.
BTC2.81%
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GateUser-378c4af2
· 07-02 11:48
thanks for the useful information 🤠
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JoyFillsTheFace
· 07-02 09:43
There is a very popular story online: if you spent 1,000 yuan to buy Bitcoin in 2010 and held it all the way until now, 16 years, then it would have become 10 billion yuan.
It sounds easy: "Just hold it." But if you actually lay out the profit curve, you'll find that the mental journey of those 1,000 BTC is not something humans can endure.
1,000 → 100k → 1M → 30k → 5M → 800k → 20M → 3M → 500M → 80M → 10 billion!
Ask yourself again: Can you really hold it? Bitcoin sixteen years, $I am the future only 16 days, can you hold it?
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BcryptexBTC
· 07-01 13:36
History rhymes but confirmation matters more than hope
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